Hon Chair, South Africa has been crippled by the ongoing load-shedding. In addition, we have written a report showing that 28,2% of electricity purchased and distributed to Johannesburg citizens has been lost through theft and the illegal practice of meter-tampering.
In monetary terms, these losses amount to over R2 billion, and these are cost prices, which means that a loss through distribution is much higher - and this is only one metro.
Multiply this nationally and we have a serious and silly electrical supply- side problem in addition to load shedding. The main culprit is not only Eskom's incompetence, but also municipal incompetence, ineptitude and corruption.
Given this supply-side chaos and its serious and negative effects on the economy and the people, we want to know when is the Minister going to fully deregulate and unbundle the electricity supply-side industry? I thank you.
